US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and
- Posted on June 16, 2026
- By Business News Today
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- 1 min read
US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and
A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key beneficiaries, while upstream firms like ONGC and Oil India may face pressure. Reliance Industries could see moderate downside due to weaker refining margins.
